Written Question·Treasury·UIN 16160

Small Businesses: Taxation

Tabled: 26 November 2024
Answered: 4 December 2024

Question

Jim Shannon

Democratic Unionist Party — Strangford

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of recent tax increases on small and medium businesses.

Answer

James Murray
The Government inherited a very difficult fiscal situation and so we are asking businesses to contribute to fixing the public finances and our public services. At the Autumn Budget, the Government announced tax reforms to support smaller businesses. Incl...
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